In Q4 of 2022, over 70,000 tech employees were laid off and in just the first few months of 2023, over 100,000 US tech employees have been laid off.
It's no wonder job seeker confidence is at an all-time low, and feelings of insecurity permeate the job market, particularly among future graduates who feel overwhelmed and fearful due to the current state of the economy.
During periods of economic turbulence, organizations are often faced with difficult decisions.
So what does this mean for you as a leader?
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In Q4 of 2022, over 70,000 tech employees were laid off and in just the first few months of 2023, over 100,000 US tech employees have been laid off.
It's no wonder job seeker confidence is at an all-time low, and feelings of insecurity permeate the job market, particularly among future graduates who feel overwhelmed and fearful due to the current state of the economy.
During periods of economic turbulence, organizations are often faced with difficult decisions.
So what does this mean for you as a leader?